I received an email from Lendio that they are only going to be processing PPP applications from existing customers only going forward so it looks like the door has closed here. Hopefully whoever on...
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I received an email from Lendio that they are only going to be processing PPP applications from existing customers only going forward so it looks like the door has closed here. Hopefully whoever on...
It's likely that the PPP deadline is going to be extended. I think Congress just needs to vote on it. I'm told that several people have applied for PPP funding using the form on our website, but we...
Just a heads up that the federal PPP loan deadline is March 31st and word on the street is that banks are already beginning to stop accepting applications to make sure that all the ones that have...
I think I am just going to invest in gamestop and amc instead lol.
A reminder here also that PPP loans are forgivable if they are used correctly.
how safe is lendio with all personal our information?
They were one of the largest facilitators of PPP funding last year. You can also talk to them directly. They are a pretty transparent company....
what's the rationale behind them not wanting to do it if they didn't do it before?
I actually don't know lol. I just know it's a thing.
Not that you can't, but that some banks have decided they don't want to. It depends on the bank, but it's definitely something that I've heard come up. So if you skipped the last round and decided to...
Hi Sarah, it does not have to be through the same place. It might make it easier to do it through the same place though unless you had a bad experience the first time around.
Some banks will not...
Can you apply for this one if you arleady got the first one?
Yes, I posted a link earlier in the thread to the SBA guide
Who may qualify
A borrower is generally eligible for a Second Draw PPP...
wait, does it cost more to go through your link rather than through lendio directly?
No, it doesn't cost anything at all to apply for a PPP loan.
If we apply through the link, can you see our applications?
No, we are not able to see them. They are managed by Lendio.
can u apply again for this one if you got the first one last year?
The short answer to this is yes. From the SBA.gov website:
Who may qualify
A borrower is generally eligible for a Second Draw...
We've got this out on the wire now too. https://www.seekingfin.com/2021/01/19/small-business-forum-now-open-for-ppp-applications/
Are these the same guys that have been all over TV about this?
If by that you mean the CEO has appeared on CNBC and CNN to talk about PPP, then yes. I don't know if they've done any advertising on...
Hello all, this forum has partnered up with Lendio to process the new round of Paycheck Protection Program (PPP) loan applications. Lendio was one of the largest facilitators of PPP loans in 2020.
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